Beyond the Madness: Donald Trump and the Resetting of America’s Social Contract

by David Coates Added 15.01.2018
                The daily circus that is the visible face of contemporary American politics keeps our gaze firmly fixed on the character of the ring-master: but it does so to our long-term cost. Admittedly, it is quite a circus, and one heck of...

Trump is an unfit president – when will his backers run out of uses for him?

by Scott Lucas Added 14.01.2018
A week after the release of a book depicting him as not intelligent enough and not mentally fit to be trusted as commander-in-chief, Donald Trump has done it again. On the same day he cancelled a visit to London to open the new US embassy there,...

China wants to dominate the world’s green energy markets – here’s why

by Chris G. Pope Added 14.01.2018
If there is to be an effective response to climate change, it will probably emanate from China. The geopolitical motivations are clear. Renewable energy is increasingly inevitable, and those that dominate the markets in these new technologies...

A Party That Has Lost Its Soul

by Alon Ben-Meir Added 11.01.2018
As the mid-term political campaigns begin, perhaps we should pause and think where this country is headed under the leadership of Trump, with the House and Senate in control of the Republican party—a party that has lost its soul and its way,...

Ready or Not for the Next Recession?

by Barry Eichengreen Added 10.01.2018
COPENHAGEN – A sunny day is the best time to check whether the roof is watertight. For economic policymakers, the proverbial sunny day has arrived: with experts forecasting strong growth, now is the best time to check whether we are prepared for...

Breaking Bannon

by Elizabeth Drew Added 08.01.2018
WASHINGTON, DC – The just-released book about Donald Trump and his dysfunctional presidency (Fire and Fury: Inside the Trump White House) has left much of Washington reeling. Despite the White House’s constitutionally dubious threat to try to...

The Roots of Western Tribalism

by Sami Mahroum Added 05.01.2018
ABU DHABI – In Hermann Hesse’s novel Journey to the East, the character of H.H., a novice in a religious group known as The League, describes a figurine depicting himself next to the group’s leader, Leo. “It seemed that, in time, all the...

Why Low Inflation Is No Surprise

by J. Bradford DeLong Added 04.01.2018
BERKELEY – The fact that inflation has remained stubbornly low across the global North has come as a surprise to many economic observers. In September, the always sharp and thoughtful Nouriel Roubini of New York University attributed this trend...

Why Is Russia Resurrecting Ivan the Terrible?

by Dina Khapaeva Added 29.12.2017
ATLANTA – While much of the world is busy dismantling monuments to oppressors, Russians are moving in the opposite direction, erecting statues to medieval warlords who were famous for their despotism. Understanding this revival can shed light on...

A Trump New Year

by Elizabeth Drew Added 28.12.2017
WASHINGTON, DC – As US President Donald Trump decamped to his mansion-cum-private club in Palm Beach, Florida, for the holidays, he left Washington, DC, on edge. It’s obvious that Trump and his strong allies in Congress – he has more than one...

The EU Must Recognize the Palestinian State

by Javier Solana Added 20.12.2017
MADRID – Once again, US President Donald Trump has taken a unilateral approach to foreign policy – this time, by recognizing Jerusalem as the capital of Israel. And once again, Trump has misinterpreted the realities of the Middle East. Given...

Profiles in Cowardice

by Nina L. Khrushcheva Added 19.12.2017
NEW YORK – The fate of nations often comes down to the choices made by a handful of individuals at a particular moment in history. Today, the United States is facing just such a moment. What a handful of individual Republicans decide will shape...

Complacency Will Be Tested in 2018

by Stephen S. Roach Added 15.12.2017
NEW HAVEN – After years of post-crisis despair, the broad consensus of forecasters is now quite upbeat about prospects for the global economy in 2018. World GDP growth is viewed as increasingly strong, synchronous, and inflation-free. Exuberant...

Populist Plutocracy and the Future of America

by Nouriel Roubini Added 11.12.2017
NEW YORK – Donald Trump won the US presidency with the backing of working-class and socially conservative white voters on a populist platform of economic nationalism. Trump rejected the Republican Party’s traditional pro-business, pro-trade...

The Hungarian Government’s Failed Campaign of Lies

by George Soros Added 08.12.2017
NEW YORK – In October, Hungary’s government mailed questionnaires to all four million of the country’s households asking for peoples’ views on seven statements describing my alleged plan to flood Europe, and Hungary in particular, with Muslim...

Trump’s Willing Accomplices

by Ian Buruma Added 05.12.2017
NEW YORK – On February 20, 1933, a secret meeting took place in Hermann Göring’s palatial residence in Berlin. More than 20 of Germany’s top industrialists, including Gustav Krupp, Friedrich Flick, and Fritz von Opel, listened to a speech by...

The Madness of King Donald

by Elizabeth Drew Added 04.12.2017
WASHINGTON, DC – Much of America’s capital has entered a state of near-panic. In recent days, President Donald Trump has been acting more bizarrely than ever, and the question raised in the mind of politicians and civilians alike, though rarely...

The Limits of Carbon Pricing

by Adair Turner Added 30.11.2017
LONDON – In 2004, German households installing rooftop solar energy systems received a guaranteed price of €0.57 ($0.68) per kilowatt hour (kWh) generated. In Mexico last week, a large-scale energy auction was won at a bid price of $0.0177 per...

Donald Trump Thought

by Chris Patten Added 28.11.2017
LONDON – After US President Donald Trump’s recent visit to China, it can only be a matter of time before right-wing media outlets like Breitbart News and Fox News suggest that he should take a page from President Xi Jinping’s playbook, despite...

America’s Supply-Side Scam

by Stephen S. Roach Added 25.11.2017
NEW HAVEN – Tax cuts masquerading as tax reform are the best way to describe the thrust of Washington’s latest policy gambit. The case is largely political – namely, the urgency of a Republican Congress to deliver a legislative victory for a...
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